Veralto Balance Sheet Health
Financial Health criteria checks 3/6
Veralto has a total shareholder equity of $2.0B and total debt of $2.6B, which brings its debt-to-equity ratio to 127.1%. Its total assets and total liabilities are $6.4B and $4.4B respectively. Veralto's EBIT is $1.2B making its interest coverage ratio 10.7. It has cash and short-term investments of $1.1B.
Key information
127.1%
Debt to equity ratio
US$2.60b
Debt
| Interest coverage ratio | 10.7x |
| Cash | US$1.10b |
| Equity | US$2.05b |
| Total liabilities | US$4.36b |
| Total assets | US$6.41b |
Recent financial health updates
Does Veralto (NYSE:VLTO) Have A Healthy Balance Sheet?
Oct 02
Veralto (NYSE:VLTO) Seems To Use Debt Quite Sensibly
Apr 18Recent updates
A Look At The Fair Value Of Veralto Corporation (NYSE:VLTO)
Feb 02Veralto: Premium Multiples For A Premium Business
Nov 26Capital Allocation Trends At Veralto (NYSE:VLTO) Aren't Ideal
Nov 21Veralto: Growth Tailwinds Remain Intact
Oct 29Does Veralto (NYSE:VLTO) Have A Healthy Balance Sheet?
Oct 02Veralto: Share Price Growth May Not Be Fully Backed Up By Fundamentals
Sep 17Veralto Corporation Just Beat EPS By 5.7%: Here's What Analysts Think Will Happen Next
Jul 31Veralto Corp.: Growth Catalysts In Both Operating Segments
Jul 03Calculating The Fair Value Of Veralto Corporation (NYSE:VLTO)
Jun 28Veralto (NYSE:VLTO) Seems To Use Debt Quite Sensibly
Apr 18Veralto: A Solid Start Since The Spin-Off
Apr 09Veralto: Some Useful Qualities, But Not Compelling Enough At These Levels
Jan 11Veralto: A Soft Receipt For This Spinoff
Oct 26Financial Position Analysis
Short Term Liabilities: VLTO's short term assets ($2.4B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: VLTO's short term assets ($2.4B) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: VLTO's net debt to equity ratio (73.3%) is considered high.
Reducing Debt: Insufficient data to determine if VLTO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VLTO's debt is well covered by operating cash flow (33.7%).
Interest Coverage: VLTO's interest payments on its debt are well covered by EBIT (10.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 22:30 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Veralto Corporation is covered by 14 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Halloran | Baird |
| John McNulty | BMO Capital Markets Equity Research |
| Andrew Buscaglia | BNP Paribas Exane |